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Toyo-Thai to build Myanmar power plant
Toyo-Thai Corporation is ready to invest jointly and develop the 100-megawatt power plant in Ahlone, Myanmar, after the signing of a memorandum of agreement with that country’s Ministry of Electric Power last Friday.
The MoA followed the memorandum of understanding signed on August 10.
In a filing to the Stock Exchange of Thailand, Toyo-Thai said construction of the US$170-million (Bt5.2-billion) plant would start in the second quarter of next year for completion by the third quarter of 2014.
ETF size expands 53%
Exchange-traded funds (ETFs) have enjoyed increasing popularity among investors, with the market size rising 53 per cent in the first 10 months of this year to Bt8.6 billion.
At the end of October, assets under management of the 10 listed ETFs stood at Bt8.6 billion. Krungthai Bank’s ETF, the price of which will move in line with banks’ share prices, will list today.
Port figures released
The Port Authority of Thailand yesterday reported the number of freighters using Klong Toei Port stood at 3,116 in its 2012 fiscal year (between October 2011 and September 2012), up 4.32 per cent compared with the last fiscal year.
Nearly 17.9 million tonnes of cargo moved through the port, down 4.06 per cent. The number of containers totalled 1.27 million twenty-foot-equivalent units (TEUs), a decline of 12.4 per cent compared with the same period of last fiscal year.
The number of freighters using Laem Chabang Port stood at 8,557, down 0.06 per cent, and about 65.2 million tonnes of cargo moved through the port, up 7.45 per cent over the last fiscal year. The number of containers totalled about 5.8 million TEUs, up 3.05 per cent.
The number of freighters using Chiang Saen and Chiang Khong Port stood at 2,346, up 80.74 per cent over the last fiscal year. About 142,567 tonnes of cargo moved through the port, down 25.84 per cent.
The number of freighters using Ranong Port stood at 210, down 18.29 per cent from the last fiscal year. About 82,787 tonnes of cargo moved through the port, up 87.15 per cent. And the number of containers totalled about 703 TEUs, down 65.11 per cent. – The Nation
Festive JV
Central Pattana is collaborating with AIS, Thai Life Insurance, Ford, Toyota, MasterCard, Aeon and Sparsha Slimming Centre to spend over Bt120 million to jazz up the retail market for the year-end climax.
The “Journey of Happiness” campaign will be held to provide unique happy experiences at 20 CPN shopping malls from Thursday to January 13, to thank its customers during the festive season.With every Bt1,000 purchase at CentralWorld, CentralPlaza or CentralFestival, customers will earn a chance to purchase one of five Ford Fiesta cars at 55 per cent off of the full price of Bt699,000. – The Nation
